Gold: while expecting good prices in long-term timeframe, there is an opportunity to trade with the short-term uptrend
USCrude – oil
Hold up gold purchases entered according to the pattern in the strong support zone up to the breakthrough of the high of August 13 (first target) and up to Target Zone 2 [58.13 – 57.77] (second target).
It is not relevant to sell now. One can sell oil after the low of this week is broken through.
The short-term chart suggests that oil is trading up in the short-term uptrend. Target Zone [57.02 – 56.66] was reached yesterday. The...
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